11-12-2014 15:00
Starting January 1 next year, the minimum monthly wage will rise by between VND250,000 ($11.7) and VND400,000 ($18.8) while net income may not increase much, or could even fall. Firms and workers have to accept this in order to ensure social security over the long-term, Bui Sy Loi, deputy chairman of the National Assembly Committee for Social Issues told VIR’s Manh Bon.
09-12-2014 10:10
There is widespread belief that state-owned bad debt buyer Vietnam Asset Management Company (VAMC) needs to quicken the sale of bad debts it has bought from banks. Member of National Assembly Economic Committee Tran Du Lich shares his view on what obstructions VAMC has faced in its efforts to resolve bad debts.
18-11-2014 15:31
Deputy Chairman of the National Assembly’s Committee on Financial and Budgetary Affairs Dinh Van Nha shared with VIR’s Manh Bon the Ministry of Finance’s latest proposals to the government regarding tax incentives to support firms and helping the country become more appealing to foreign investors.
24-09-2014 10:02
The ASEAN Economic Community (AEC), which involves reducing or eliminating tariffs on goods traded between the ten member countries, is planned to be convened on December 31, 2015.
19-08-2014 16:40
Vietnam Timber and Forest Products Association general secretary Nguyen Ton Quyen explains why he believes the country could reach $10 billion in woodwork exports in the not too distant future.
04-08-2014 18:21
Given the implementation of the amendment to Vietnam’s Law on Corporate Income Tax, Deputy Finance Minister Truong Chi Trung spoke to VIR’s Manh Bon about how the law will strengthen Vietnam’s economy.
02-08-2014 12:00
The State Capital Investment Corporation has announced it is considering completing divestitures at 290 state-owned enterprises valued at VND1.3 trillion ($62.8 million) this year. The SCIC’s general director Lai Van Dao sheds some light on how it plans to complete this objective.
30-05-2014 10:19
The government is debating whether or not to set last year’s budget deficit at 5.3 per cent against the initially proposed 4.8 per cent.
28-05-2014 16:00
The Ministry of Transport just announced the value of national flag carrier Vietnam Airlines (VNA) at nearly $2.75 billion. Minister of Transport Dinh La Thang shines further light on the next steps in the airline’s shakeup plan.
21-05-2014 17:00
In a talk with VIR about several foreign-invested enterprises suffering losses due to workers in several localities were roused to angry protests over China’s placement of a drilling rig in Vietnam’s territorial waters, National Assembly Office Chairman Nguyen Hanh Phuc said these foreign investors may be given certain tax incentives.
07-05-2014 10:05
Deputy chairman of the National Assembly Committee for Social Affairs Bui Sy Loi explained why the current remuneration system for state-owned businesses is failing to attract the most talented people for management positions.
22-04-2014 15:53
The prime minister has just green lighted the country’s sovereign debt repayment plan for 2014.
07-04-2014 15:20
According to Resolution 19/N-CP on core measures to improve the business climate and national competitiveness, the amount of time businesses spend on tax procedures will be decreased five-fold from 876 hours to 171 hours.
11-03-2014 18:19
An impending merger between Southern Bank and Sacombank is the latest move in Vietnam’s banking restructuring process.
04-03-2014 15:06
Deputy head of the Ministry of Justice’s Legal Aid Department Nguyen Van Bon sheds some light on a state mechanism to boost the efficiency of the Vietnam Asset Management Company’s bad debt auctions.